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OK, it cost me around $46,000 to cut up a block to make 2 blocks, this included all government charges, demolishing house, this was in Perth. At the end of the day comes down to the deal and whether using this strategy would make money after all costs are considered.

mflying Any chance of finding blocks that you can just cut up and on sell, rather than build, shorter timeframe?? Are there possibilities with this in areas you have identified. Also, what margins are you looking at?? What was the last % profit you made on your recent project? MTR:)